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Landmark, Insight shine in INPRS venture portfolio: VCJ

Funds from Landmark Equity Partners and Insight Venture Partners continue to shine brightest in the Indiana Public Retirement System’s early decade venture portfolio, according to an analysis by affiliate magazine Venture Capital Journal.

Wellington Financial backs Agiliance

Agiliance has received $5 million in financing from Wellington Financial. Headquartered in Sunnyvale, Calif., Agiliance is a provider of integrated solutions for operational and security risk programs. Its backers include Intel Capital, Walden International, Red Rock Ventures and Castile Ventures.

EnVerv garners $15.4 mln

EnVerv has secured $15.4 million in Series C financing. The investors were Cassiopeia Capital Partners, Cisco, UMC Capital, Benchmark Capital, NEA and Walden International. Headquartered in Milpitas, Calif., EnVerv is a fabless semiconductor company.

SugarCRM Raises $33M From NEA, Gold Hill, DFJ, Others

SugarCRM said it raised $33 million in equity and debt financing in a round led by New Enterprise Associates and joined by new investors Silicon Valley Bank and Gold Hill Capital. Existing investors Draper Fisher Jurvetson and Walden International also participated. NEA Venture Partner Brooke Seawell joined the board. PRESS RELEASE SUGARCRM COMPLETES $33 MILLION FINANCING ROUND FOR […]

Leyden Energy Partners with Powermat

Leyden Energy, a manufacturer of advanced lithium-imide batteries, has partnered with Powermat Technologies, a provider of wireless charging technology for smartphones and other consumer electronics. Leyden Energy’s is backed by New Enterprise Associates, Lightspeed Ventures, Sigma Partners and Walden International. PRESS RELEASE Leyden Energy, Inc., the leading manufacturer of advanced lithium-imide (Li-imide(TM)) batteries, today announced […]

EnVerv Adds $12M Series B

EnVerv Inc., a fabless semiconductor company based in San Jose, Calif., has raised $12 million in Series B financing led by Benchmark Capital. Previous investors NEA and Walden International also participated in the round.

Intel-backed Synacor Revives IPO Plans

(Reuters) – Synacor Inc, partly owned by Intel Corp, filed with U.S. regulators on Friday to raise up to $75 million in an initial public offering, reviving its plans to tap the public markets after three years. In a filing with the U.S. Securities and Exchange Commission, the company — which builds Internet software tools […]

SolarEdge Technologies Seals $37M

SolarEdge Technologies Inc., an Israeli provider of end-to-end solar power optimization and PV monitoring technology, has raised $37 million in venture capital. Norwest Venture Partners led the round, which is aimed at expanding the company’s reach and bolstering production plans. Existing investors Opus Capital, Walden International, Genesis Partners, Vertex Venture Capital, Lightspeed Venture Partners and GE also participated in the round.

Leyden Energy Closes on $20M

Leyden Energy, a maker of lithium-ion batteries for the consumer electronics, energy storage and electric vehicle markets, has closed on $20 million in Series B financing led by New Enterprise Associates. Lightspeed Ventures, Sigma Partners and Walden International also joined in the round. The company will use the cash infusion to expand production of its suite of batteries, increase company staff and fund its future development of advanced battery technologies.

ParAccel Closes Series E Of About $15M With Amazon Joining Existing Investors

ParAccel, Inc. said Wednesday it closed a Series E round of about $15 million with Amazon.com, Inc. joining existing investors Menlo Ventures, Mohr Davidow Ventures, Bay Partners, Walden International, Tao Venture Capital Partners and Silicon Valley Bank. The database developer will use the money to expand its sales force and engineering staff. The Campbell, Calif., […]

Gimv, Others Exit Investment in Plexxikon

Daiichi Sankyo has agreed to buy Plexxikon for $805 million, providing an exit for venture investors including Belgian firm GIMV. Future milestone payments could total an additional $130 million, the company said. Plexxikon develops novel small molecule pharmaceuticals to treat human disease. Gimv first invested in Plexxikon during a series B financing in 2002. The company is also backed by Alta Partners, ATV, Walden International, Pappas Ventures and CW Ventures.

Lucid Wraps Up $10M Series B

Early this morning, Lucid Imagination wrapped up a $10 million Series B funding round from Granite Ventures, Shasta Ventures and Walden International, bringing its total amount of capital raised to $16 million. I spoke to CEO Erik Gries yesterday about the deal, and he declined to state the valuation, but he was pleased as punch […]

II-VI Buying VC-Backed Photop for $77.6 Million

II-VI Inc. (Nasdaq: IIVI) has agreed to acquire Photop Technologies Inc., a Fuzhou, China-based manufacturer of photonics products. The deal is valued at approximately $77.6 million, including $45.6 million in cash and 1.15 million shares of II-VI common stock. It also includes unspecified earnouts. Photop had raised $10 million in 2007 from VC firm Walden International.

Walden International Raises Singapore Seed Fund

Walden International (“WI”) has closed Seed Ventures IV Pte Ltd., a S$20 million fund established under the Singapore National Research Foundation’s (“NRF”) Early Stage Venture Funding Scheme. Its initial investment is a S$2 million deal for Brandtology, a Singapore-based provider of online brand intelligence solutions. PRESS RELEASE ternational venture capital firm, Walden International today announced […]

Lucid Imagination Raises $6 Million

Lucid Imagination, a San Mateo, Calif.-based commercial open-source company focused on the Apache Lucene/Solr search technology, has raised $6 million in Series A funding from Granite Ventures and Walden International.

VC Lip-Bu Tan Named Cadence CEO

Lip-Bu Tan, founder and chairman of venture capital firm Walden International, has been named CEO of semiconductor company Cadence Design Systems (Nasdaq: CDNS), effective immediately. Tan had been a long-serving member of the Cadence board of directors, and had been serving as interim vice chairman.

Cadence said in a statement that Tan would continue to serve as Walden Interenational’s chairman, but I’m not exactly sure what that means on a practical level. Public company CEO is a fulltime job, which either means that: (A) Tan will cut way back on his Walden International responsibilities, or (B) Tan already had cut way back on his Walden International responsibilities. Please note that I keep writing both Walden and International, so as to distinguish the firm from the unaffiliated WaldenVC.

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